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Wall Street suffered losses for a fourth straight day yesterday as disappointing home sales, manufacturing and jobless data raised new doubts about growth in major sectors of the economy and prompted ……

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Shanghais stock market yesterday fell for the seventh day, the longest losing streak in 18 months, and ended at the lowest level in 15 months in flat trading after the Purchasing Managers Index for Ju……

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Shanghai Electric has completed building Chinas biggest offshore wind turbine, a sign that the country has achieved core techniques to design large-scale turbines.The 3.6-megawatt self-made offshore t……

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As part of Chinas goal to encourage the use of the yuan as a global currency, Hong Kong is on track to become an offshore yuan center by 2020 with more investment options in the pipeline to boost the ……

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IBM has acquired a 1 percent stake in a Chinese IT and service provider for 50 million yuan (US$7.37 million), the Shanghai-listed firm said yesterday.Under the deal, IBM Chinas strategic stake in Bri……

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Chinas manufacturing activity continued to expand at a slower pace in June due to the governments tightening measures amid an industrial restructuring and an uncertain global economic recovery, two ke……

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Shanghais monthly house price index fell in June, ending a 15-month rally amid increasing supply and shrinking sales. The index, which tracks price movements of existing homes citywide, lost 17 points……

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A general view shows buildings in the center of Shanghai. Sales of new homes plunged 56 percent to 3.57 million square meters in the city during the first half of this year as government policies laun……

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A total of 40 construction projects have been shortlisted for the first phase of the Dubai Land Departments initiative to offer developers and investors a government guarantee, a local business journ……

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The Info Trade Fair and Exhibition 2010 opened here on Thursday, demonstrating world brands and innovative products.The five-day long trade fair, organized by the Information Communication and Technol……

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Shanghai plans to build 400 charging stations for electric vehicles this year, Chinese media said yesterday, citing Liu Jianhua, an official in charge of promoting alternative-energy vehicles in the c……

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Shanghais stocks continued Tuesdays slump and tumbled more than 1 percent to the lowest level in nearly 15 months yesterday, the last trading day of the first half, on weak market sentiment due to con……

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Bank of America has leap-frogged United States rival JPMorgan to rank as the worlds top bank in terms of capital strength while the Industrial and Commercial Bank of China tops the profit league, acco……

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A few large deals helped propel Morgan Stanley to the top spot among underwriters for initial public offerings in the first half of 2010.The Wall Street bank, which rose from its No. 3 spot last year ……

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Ping An Insurance (Group) Co is in talks to merge its banking unit with Shenzhen Development Bank to bypass regulations which bar insurers from controlling more than one bank.Ping An Bank, the banking……

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Standard Chartered Plc will invest US$500 million as a cornerstone investor in the Agricultural Bank of Chinas Hong Kong initial public offering, the British bank said yesterday.The Agricultural Bank ……

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Bankers will only be able to get part of their yearly bonuses in cash upfront under new European Union rules that will enter into force next year.A deal announced yesterday between EU governments and ……

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Preparations are under way at the first Apple Store in Shanghai yesterday. Apple will open the store in the Lujiazui area in Pudong New Area on July 10.Apple will open its first Apple Store in Shangha……

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Indonesian Finance Minister Agus Martowardoyo disclosed on Wednesday the economic targets set by delegations attended the recent Toronto G20 Summit.Speaking in a press conference held here, Agus said ……

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Chinas economy is very likely to maintain steady and rapid growth in 2010, with more positive factors than last year boosting the economy, the Peoples Bank of China (PBOC), Chinas central bank, said W……